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Glossary Customs Entry

Customs Entry refers to the process of completing the customs procedures for goods being imported or exported. This process is performed at the customs office of the importing or exporting country and must comply with relevant regulations such as customs duties, value-added taxes, import restrictions and regulations, and more. For exported products, the exporter must provide product information and complete the export procedures with the customs officer at the customs exit. On the other hand, for imported products, the importer must provide information about the product, pay customs duties and value-added taxes in the importing country, and submit relevant documents to the customs officer.
Source : ChatGPT